The office will be located in Madrid with an area specializing in hotel advisory services, at a time when the lodging business in Spain is going through a boom period.
The partner, Santiago González, has declared that "the knowledge of the national market acquired by PKF Attest in its more than thirty years of activity in our country, adds to the strong specialization and international experience of PKF hospitality group, of more than a century, to offer the best solution to the specific needs of an expanding and key sector in the Spanish economy such as the hotel industry".
For their part, the heads of PKF hospitality group in Spain, Gabriele Kiessling and Stephan Reichelt, have highlighted that hotel investments in Spain have exceeded pre-pandemic levels, with some 3,200 million euros.
"With this positive market outlook and strong investor appetite, we are delighted to be part of PKF hospitality group's international expansion with the opening of offices in Madrid to cover the Iberian Peninsula," they say.